Incredible Investment Opportunity in a booming area! Cash flowing quadplex is walking distance to the proposed Silver Line Morris Field light rail stop on Wilkinson Blvd. All 4 units have 1 bedroom and 1 bathroom with a large living room. Washer and dryer hookups in kitchens of units 1 and 2. Plenty of parking. Storage sheds in the back. Long term tenants in 3 of the units. Unit #4 recently updated with fresh paint and new LVP flooring. This is a great opportunity to take over this and add value to increase rents while the area continues to grow. Low Maintenance units with window unit AC and electric baseboard heat. Roof is only 2 years old. Located in an Opportunity Zone.
Off market
Zestimate®
$470,800
3615 Morris Field Drive, Charlotte, NC 28208
4beds
2,268sqft
MultiFamily
Built in 1973
-- sqft lot
$470,800 Zestimate®
$208/sqft
$1,708 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Electric
Appliances
- Included: Dishwasher, Range / Oven
- Laundry: Electric Dryer Hookup, In Kitchen, W/D Connection
Features
- Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 2,268 sqft
Property
Lot
- Size: 0.40 Acres
Details
- Zoning: R22MF
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Condition
- Year built: 1973
Utilities & green energy
- Water: City Water
Community & neighborhood
Location
- Region: Charlotte
Other
Other facts
- Flooring: Carpet, Laminate Tile, Vinyl Plank
- Appliances: Dishwasher, Range/Oven, Electric Water Heater
- ArchitecturalStyle: Ranch
- HeatingYN: true
- CoolingYN: true
- FoundationDetails: Slab
- NumberOfUnitsTotal: 4
- CurrentFinancing: Conventional, FHA, Cash, 1031 Like-Kind Exchange
- NumberOfUnitsInCommunity: 4
- Cooling: Window Unit(s)
- ElectricOnPropertyYN: True
- OpenParkingSpaces: 0
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Driveway, Gravel
- RentIncludes: Water, Sewer, Exterior Maintenance, Electric Heat
- CoveredSpaces: 0
- OpenParkingYN: true
- LaundryFeatures: Electric Dryer Hookup, In Kitchen, W/D Connection
- WaterSource: City Water
- TenantPays: All except water
- StructureType: Site Built
- Heating: Electric Baseboard Heat
- RoadResponsibility: Publicly Maintained Road
- Zoning: R22MF
- MlsStatus: Active
- TaxAnnualAmount: 220500.00
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Estimated market value
$470,800